International Business Company

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Seychelles International Business Company (the “IBC”) is now becoming one of most widely used vehicle in International Offshore Industry. It is regulated by the International Business Companies Act, 1994 (the “Act”). Compared to other International Business Company in other Jurisdiction, Seychelles’ IBC prevails in term of registration efficiency, low maintenance fee and stable and convenient business environment for business operation.

Key Features

Factor

Status

Remarks

Tax

Not Applicable

Both business tax and personal income tax are exempted.

Local Registered Agent / Office

Required

All IBCs are incorporated through a licensed Corporate Service Provider (the “CSP”).

Level of Confidentiality

High

Not required to fill Director, Shareholder information. However it is required for the CSP to maintain such record..

Authorized Share Capital

Not Restricted

No minimum paid-in capital required. It can be registered in any currency except Seychelles Rupee.

Double-Tax Avoidance Treaty

Not Applicable

Please refer to the Special License Company.

Keeping of Corporate Books, Records, and Registers

Required

The books, records, and minutes and resolutions of all meetings shall be kept at the Registered Office or a place of directors' choice.

Annual General Meeting (AGM)

Not Required

 

Annual Tax Return

Not Required

 

Shareholders

Minimum 1

Corporate entity allowed.

Directors

Minimum 1

Corporate entity allowed.

Secretary

Not Required

 

 

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